ATES A/S — Credit Rating and Financial Key Figures

ATES A/S (CVR number: 38435329) is a company from AARHUS. The company recorded a gross profit of 2570.8 kDKK in 2023. The operating profit was 1606.8 kDKK, while net earnings were 1357 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ATES A/S's liquidity measured by quick ratio was 7.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.